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Microsoft, Navy Sign $700M Software License Deal

Microsoft (NASDAQ: MSFT) and the U.S. Navy have signed a potential $700 million agreement for the company’s brand software licenses, the branch announced Thursday.

The three-year enterprise licensing agreement covers software assurance, subscriptions and software assurance step-up for desktop and server-based products.

Each product must be acquired through specific terms contained in the agreement, according to the announcement.

The Navy also said it consolidated previous Microsoft software licenses through this agreement.

All Navy organizations and programs must use enterprise license agreements under a February 2012 memo signed by Terry Halvorsen, chief information officer; Gladys Commons, assistant secretary for financial management and comptroller; and Sean Stackley, assistant secretary for research, development and acquisition.

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